Is Gold a Buy

Yes, it has softened in September but there is little support for gold, except for those those that have a vested interest - who will talk it up.
September is the short-term picture but with any stock, commodity or currency it is always important to look at the short, medium and long-term outlook.
Whether you are technical analyst or fundamental follower, a chart is a picture and speaks a ‘thousand words’
So, let’s look at the daily, weekly and monthly perspectives:

If you are a trader you may like to use the daily outlook to do a short-term trade – that there may be a small correction upwards. But that’s all it will be.

The weekly says there has not been a lot of interest over the last 3-4 years.
If you are a long-term player the monthly says that, if anything, gold could ease to ten-year lows over the next couple of years.
I am not saying it will fall out of bed overnight. It takes time for long term outlooks to unfold. And along the way we can see rallies.